Hello guys, there are my technical analysis very interesting for the next days, now USD/JPY is into the descendent triangle and there are a formation bearish it. So, now, this is a zone manipulation for institutionals to entry in the buy, but not for long time, its for shot time to pick up aproxximatelly 60-70 pips of take profit in H4 or H1.
But, now in Daily there are a some teory. We can see a trend bearish if USD.JPY broke up the triangule descendet below or a consolidation too as posssible escenario in daily. Now, in the RSI there are a movement below of 50% of RSI and so indicate a movement bearish in the next days, so, caution to trade this.
But, now in Daily there are a some teory. We can see a trend bearish if USD.JPY broke up the triangule descendet below or a consolidation too as posssible escenario in daily. Now, in the RSI there are a movement below of 50% of RSI and so indicate a movement bearish in the next days, so, caution to trade this.
Trade closed: stop reached
Look up what is it. So, this is a pure manipulation that institutionals make it, the RSI and MACD are represent a movement consolidated, so, I learn that never going to enter when the RSI or MACD is there in this situation. but, a good analysisi
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.